We don hear

why has gej always like to keep "area" busy with all dis nonsense, anyway 2015 election is around d corner if he did not do campaign wit thing of dis sort who will

Boc4real:
Dis mods no dey sleep niii?? 00:22

What about you?
You no dey sleep nii?

I was of the impression they removed subsidy. so why are they spending money on what does not exist. .

lootocracy at work......subsidy reinvestment fund.....like really.....yet the cabals are still free.....how many have been arrested again?

Nigerians are the most difficult people on the planet earth when GEJ said he wants to remove the subsidy bulls*it NLC shutdown Nigeria for days and they are budgeting trillions we are complain. please do u guys really know many cars we have in Nigeria? i really don't know why Baba Iyabo removed our tolls on the highways well this serves us right. When the cabals paid NLC and Co money to shutdown Nigeria everyone of you guys were abusing GEJ and Co. Well Well Well

bushdoc9919:


In 2012...you Nigerians shouted loud and clear...fuel subsidy must stay.

So, it stayed.

Which Nigerian will rise up? The same ones who said that fuel subsidy must stay back then?

I still blame Jonathan and Ngozi Okonjo-Iweala for the extremely shoddy manner with which they handled the matter. If NOI had listened to the voice of reason and made a PHASED withdrawal starting from April 1, 2012 as suggested by reasonable folks, we would have gotten rid of it by now. But no, they chose to remove it on the 1st of January, forgetting the impact of a doubling of price on those that travelled to their home towns.

The government had a great chance to correct the anomaly back then but they blew it. Let them bear their cross.

And some gullible people will still vote for this criminal jona,smh!

Oh! That is so sweet of FG.










But wait, who is FG?

bushdoc9919:
Tis a lot of money....that would have been spent on a lot of things like infrastructure projects, universities, etc...

But we wanted cheap fuel (Which we REALLY can't get because we are producing less than we need for domestic consumption, but let's not get too factual here).

The honest truth is that we are importing fuel, the govt does not have money to build new refineries (and the private refineries promised are on the drawing board). Meanwhile, we are exporting less petrol than the United Arab Emirates....and for a population of 160million people(UAE has 8million).

The sad thing is that the fuel subsidy has to go. Yes, we will get high fuel prices, and I for one don't like having to pay up to N200 for a liter of fuel under the new regimen. But the sad thing is that we are pouring money that we do not have down a bottomless pit....and it is high time we stopped.

Ultimately, Nigeria has to get off oil....and become an industrial society. Maybe the oil subsidy money can be used for things like roads, railways, power, etc...that would fuel our industrail development...leading to jobs galore, and an end to unemployment.

But we Nigerians want free things. We don't want to work for our supper. The rich want their free bee money and the poor want their free fuel...Both want their slices of the oil cake...with no thought as to how the cake is baked.

Oil is a curse.

The TRUTH right there. I wonder how many here were part of the fuel subsidy strikes, demonstrations and complaints?

bushdoc9919:


In 2012...you Nigerians shouted loud and clear...fuel subsidy must stay.

So, it stayed.

Which Nigerian will rise up? The same ones who said that fuel subsidy must stay back then?

Exactly!!!!!

bushdoc9919:
Tis a lot of money....that would have been spent on a lot of things like infrastructure projects, universities, etc...

But we wanted cheap fuel (Which we REALLY can't get because we are producing less than we need for domestic consumption, but let's not get too factual here).

The honest truth is that we are importing fuel, the govt does not have money to build new refineries (and the private refineries promised are on the drawing board). Meanwhile, we are exporting less petrol than the United Arab Emirates....and for a population of 160million people(UAE has 8million).

The sad thing is that the fuel subsidy has to go. Yes, we will get high fuel prices, and I for one don't like having to pay up to N200 for a liter of fuel under the new regimen. But the sad thing is that we are pouring money that we do not have down a bottomless pit....and it is high time we stopped.

Ultimately, Nigeria has to get off oil....and become an industrial society. Maybe the oil subsidy money can be used for things like roads, railways, power, etc...that would fuel our industrial development...leading to jobs galore, and an end to unemployment.

But we Nigerians want free things. We don't want to work for our supper. The rich want their free bee money and the poor want their free fuel...Both want their slices of the oil cake...with no thought as to how the cake is baked.

Oil is a curse.

Beautiful

Imagine a country flushing N900B down the toilet. Everybody wants free stuff , I even pray GEJ should reduces fuel to N0, so we can spent N4 trillion on subsidy. This way,we can drive as much as we want.

This madness has to stop in this country and subsidy must stop. We can not continue to legalize stealing of national resources in the name of subsidy. Obj almost saved us from this bondage and Oshumole fault him out of ignorance. GEJ almost end this fraud and APC and his supporters instigate Nigerians to fight him to stand still.

The down stream sub-sector of the Nigerian oil and gas industry must be deregulated to provide the enabling environment for foreign and local investment in the establishment of refinery and petroleum chemical company and great job opportunities and wealth for Nigerians.

Mr President, National Assembly and the good people of Nigeria, we must stop this madness called subsidy at once.

Sirniyeh:
If truly the higher educated one is the more intelligent he becomes. Then Jonathan is a disgrace to his qualification. Education enhances reasoning but in case of GEJ, he is a disappointment.
What has happened to our refineries? Is he going to spend N1Trillion to repair them? What are they subsidizing? He should know that we are not all animals.

Vote PDP out! They are crooks

seconded

May God punish all this thieves and bless them with inoperable cancers till they die in agony.
This is simply broad daylight stealing.
FOR 19 YEARS! AND WITH ALL THE OIL WE ARE BLESSED WITH;
- NO POWER
- NO REFINERY
WHAT IS THIS BASTARD CRIMINAL SUBSIDISING?
DOES HE THINK WE ARE ALL ANIMAL AND RÈTARDED AS HE IS?
AT THE END OF THE DAY, THAT USELESS OLD FOOLISH THIEF DAVID WILL JUST APPROVE IT.
THE 1 TRILLION KEROSENE SUBSIDY CASE HAS BEEN SWEPT UNDER THE CARPET.
JONATHAN IS A CURSE!
WE NEED OUR YOUTH TO EMBRACE THE TRUTH IF WE WANT CHANGE.
NO PDP!
NO APC!
NO BIGOTRY!
NO CORRUPTION.
.
.
GEJ TILL 2015!

2 much money in my country.... yet poverty exhume everywhere....

bushdoc9919:
Tis a lot of money....that would have been spent on a lot of things like infrastructure projects, universities, etc...

But we wanted cheap fuel (Which we REALLY can't get because we are producing less than we need for domestic consumption, but let's not get too factual here).

The honest truth is that we are importing fuel, the govt does not have money to build new refineries (and the private refineries promised are on the drawing board). Meanwhile, we are exporting less petrol than the United Arab Emirates....and for a population of 160million people(UAE has 8million).

The sad thing is that the fuel subsidy has to go. Yes, we will get high fuel prices, and I for one don't like having to pay up to N200 for a liter of fuel under the new regimen. But the sad thing is that we are pouring money that we do not have down a bottomless pit....and it is high time we stopped.

Ultimately, Nigeria has to get off oil....and become an industrial society. Maybe the oil subsidy money can be used for things like roads, railways, power, etc...that would fuel our industrail development...leading to jobs galore, and an end to unemployment.

But we Nigerians want free things. We don't want to work for our supper. The rich want their free bee money and the poor want their free fuel...Both want their slices of the oil cake...with no thought as to how the cake is baked.

Oil is a curse.

I like your submission. Very intellectual unlike some nLanders who don't understand basic economics and whose ignorance are easily preyed upon by politicians who like to play to the gallery. Some people think Nigeria is rich. Nigeria ain't rich when you take our huge population into cognizance.

Sirniyeh:
If truly the higher educated one is the more intelligent he becomes. Then Jonathan is a disgrace to his qualification. Education enhances reasoning but in case of GEJ, he is a disappointment.
What has happened to our refineries? Is he going to spend N1Trillion to repair them? What are they subsidizing? He should know that we are not all animals.

Vote PDP out! They are crooks

Exactly!
One needs to know how much is needed to fix our refineries. 1tr in a year isn't fun. 15yrs of democracy and we are still here. This nonsense can't continue.
At the end of the day, more than half of the 1tr enters into the wrong purse e.g. otedola, etc


I weep for Nigeria

Resource curse!

stinggy:

Exactly!
One needs to know how much is needed to fix our refineries. 1tr in a year isn't fun. 15yrs of democracy and we are still here. This nonsense can't continue.
At the end of the day, more than half of the 1tr enters into the wrong purse e.g. otedola, etc


I weep for Nigeria

Modern refineries are wht we need not obsolete technology we can't use and kept refining abroad.

stinggy:

Exactly!
One needs to know how much is needed to fix our refineries. 1tr in a year isn't fun. 15yrs of democracy and we are still here. This nonsense can't continue.
At the end of the day, more than half of the 1tr enters into the wrong purse e.g. otedola, etc
j

I weep for Nigeria

Modern refineries are wht we need not obsolete technology we can't use and kept refining abroad.

bushdoc9919:
Tis a lot of money....that would have been spent on a lot of things like infrastructure projects, universities, etc...

But we wanted cheap fuel (Which we REALLY can't get because we are producing less than we need for domestic consumption, but let's not get too factual here).

The honest truth is that we are importing fuel, the govt does not have money to build new refineries (and the private refineries promised are on the drawing board). Meanwhile, we are exporting less petrol than the United Arab Emirates....and for a population of 160million people(UAE has 8million).

The sad thing is that the fuel subsidy has to go. Yes, we will get high fuel prices, and I for one don't like having to pay up to N200 for a liter of fuel under the new regimen. But the sad thing is that we are pouring money that we do not have down a bottomless pit....and it is high time we stopped.

Ultimately, Nigeria has to get off oil....and become an industrial society. Maybe the oil subsidy money can be used for things like roads, railways, power, etc...that would fuel our industrail development...leading to jobs galore, and an end to unemployment.

But we Nigerians want free things. We don't want to work for our supper. The rich want their free bee money and the poor want their free fuel...Both want their slices of the oil cake...with no thought as to how the cake is baked.

Oil is a curse.

^^^^
bushdoc9919,

You still maintain your position on this subsidy matter. I asked a question on the thread then, and I am asking again:

How much does it cost to produce and refine a litre of fuel LOCALLY in Nigeria? How much does it cost to import a litre of fuel from Norway or Venezuela or wherever? Is there really a subsidy on locally produced fuel? Does it cost less than NGN97.00 to produce a litre of locally refined PMS here in Nigeria? If so, by how much? Or is the so-called subsidy actually on imported fuel and we do not want to admit it? Which of course raises the question: why is Nigeria importing fuel which can be produced locally here at lower cost?

I also have another question: there are several other oil producing countries (Brazil, Venezuela, Saudi Arabia etc) with state owned utilities which produce enough petroleum products for local consumption as well as for the export market. These state-owned oil utilities also turn a profit. Why should Nigeria's case be different?

According to you, the government does not have money to build new refineries. How will the fuel imports be financed then? Where will the money come from?

Once again, how much does it cost to produce a litre of PMS, DPK or AGO locally here in Nigeria? That is the crux of the matter.

Opportunity to settle Ifeanyi Uba ( Capital oil) and others that are presently sponsoring TAN. Oil thieves are ruling us.

Maser:


I like your submission. Very intellectual unlike some nLanders who don't understand basic economics and whose ignorance are easily preyed upon by politicians who like to play to the gallery. Some people think Nigeria is rich. Nigeria ain't rich when you take our huge population into cognizance.

Oil cannot harness or use itself.
It is the cursed lders that remain the curse,not oil. Or it is not same oil in UAE,Russian etc.?

My only grouse with them is whose pockets this huge chunks of money is going to....

atlwireles:
Imagine a country flushing N900B down the toilet. Everybody wants free stuff , I even pray GEJ should reduces fuel to N0, so we can spent N4 trillion on subsidy. This way,we can drive as much as we want.

It is not free stuff but our right and only national cake we hav . Afterall we provide our water,generator power,security, etc that govt don't do much.

.

egift:
In 2011 alone (an election year), FG budgeted less than N500b, Jonathan ended up spending/looting N1.8trillion in the name of Fuel Subsidy.

Now for 2015 (another election year), Jonathan is projecting 1,000,000,000,000 naira. Who knows the actual sum that will be spent eventually.

Jonathan surely knows how loot with both eyes open.

Stop Corruption, Vote Out Jonathan.

he didnt start corruption,so let him continue
we have so many idio.ts in Nigeria (permit me to use the word idi.ot) stistill trying to justify this foolish govt for planning to spend almost a trillion on fuel subsidy,fuel rose from #65 to #97 in Nigeria from jan 2012 till the momment we are talking,sorry wht is the #32 icnreament per ltr used for when we still subsidise with 1trillion? dont tell me we subsidize for 2trillion before 2012

I just came here to say this with all passion in me ....PHUCK jonathan as in F U C K.....and Phuck NIGEERIANS as in F U U U C K for putting up with this bull5hit!!!!